 "Technology")
Construction to engineering major Larsen & Toubro (L&T) has announced a five-year strategic initiative — L&T-Nxt — that will focus on artificial intelligence (AI), Internet of Things (IoT), virtual reality (VR), augmented reality (AR), geo‐spatial enterprises, and cyber security.
The announcement comes at a time when L&T is trying to expand its technology footprint through a sweet and sour takeover of Mindtree.
“Disruption has become the new order as we embrace frontier technologies, and our businesses are leapfrogging into entirely new realms powered by the tremendous benefits of digitalisation and analytics,” said S N Subrahmanyan, chief executive officer
The announcement comes at a time when L&T is trying to expand its technology footprint through a sweet and sour takeover of Mindtree.
“Disruption has become the new order as we embrace frontier technologies, and our businesses are leapfrogging into entirely new realms powered by the tremendous benefits of digitalisation and analytics,” said S N Subrahmanyan, chief executive officer
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